FG Nexus (NASDAQ: FGNX, FGNXP) (the “Company”) today announced that its common stock has been listed for trading on the Deutsche Börse in Germany under the ticker symbol “LU51.” This international listing expands FG Nexus’ global access, increases the company’s access to capital, and provides European investors with direct access to the company’s securities.
The listing on Deutsche Börse is an important milestone in FG Nexus’ international expansion strategy, offering European investors the opportunity to participate in the company’s Ethereum financial strategy and long-term growth initiatives. This listing is expected to increase the liquidity of the stock and expand the company’s investor base across the European market.
“Our listing on the Deutsche Börse marks another important step in our global expansion and proves the international appeal of our Ethereum-focused strategy,” said Kyle Cerminara, CEO of FG Nexus. “This listing gives European investors direct access to our mission to become a key corporate stakeholder in Ethereum, and we look forward to building relationships with the European investment community as we continue to execute on our long-term strategic ETH vision.”
FG Nexus
FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”) is compliant with the Ethereum standard and is focused on becoming the world’s largest ETH holding company by an order of magnitude. To increase ETH yield, we plan to stake and execute other yield strategies while acting as a strategic gateway to Ethereum-powered finance, including tokenized RWA and stablecoin yield. The FGNX® logo is a registered trademark.
Forward-looking statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Accordingly, these statements are entitled to the protection of the safe harbor provisions of these laws.
These statements may be identified by the use of forward-looking terminology such as “anticipates,” “believes,” “budgets,” “could,” “contemplates,” “continues,” “may,” “conceives,” “estimates,” “anticipates,” “evaluates,” “anticipates,” “goals,” “guidance,” “suggests,” “intends,” “likely,” “might,” “might,” and similar expressions. “Outlook,” “plan,” “probably,” “potential,” “anticipate,” “likely,” “probably,” “proforma,” “plan,” “seek,” “should,” “target,” “outlook,” “will,” “will,” “would,” “continue,” “likely to result,” or the negative thereof, or other variations thereof, or comparable terminology. In particular, discussions and statements regarding our future business plans and initiatives are forward-looking in nature.
These forward-looking statements are based on current expectations, assumptions, estimates and projections. Although we believe that they are reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements and could affect our ability to implement and execute our future business plans and initiatives.
Management cautions that the forward-looking statements in this press release are not guarantees of future performance and the Company cannot assume that such statements will materialize or that any forward-looking events or circumstances will occur.
Factors that could cause such differences include, but are not limited to, fluctuations in the market price of ETH and related impairment charges that we may incur as a result of the market price of ETH being less than the value of our ETH carried on our balance sheet, as well as changes in accounting related to our ETH holdings and our ability to achieve profitable operations.
Additional factors include government regulation of virtual currencies and online gambling. changes in securities laws or accounting regulations; customer acceptance of new products and services, including our ETH treasury strategy; Broader macroeconomic conditions in the global economy may also affect our results of operations.
Operational risk includes risks associated with merchant banking and managed services, such as inadequately priced insured risk and credit risk. the risk that we will not be able to implement our asset management strategy; And the value of those assets may be lost. Additionally, we may face risks associated with being an investment company and fluctuations in short-term operating results as we execute our business strategies.
Additionally, there are risks associated with attracting and retaining the talented management and personnel necessary to execute our business and growth strategies. We may also face challenges resulting from information technology system failures, data breaches, cyber-attacks and our ability to establish and maintain effective internal control systems.
Finally, we are subject to the requirements of being a public company, including the possibility of losing our status as a small reporting company and becoming an accelerated filer. Potential conflicts of interest may also arise between the Company and its controlling stockholders, and between the Company and its directors and executive officers.
Our expectations, future plans and initiatives may not materialize. If any of these risks or uncertainties materialize, or if our underlying assumptions prove incorrect, actual results may differ materially from those expected, estimated or anticipated. Investors are cautioned not to place undue reliance on forward-looking statements.
Generally accepted accounting principles in the United States require companies to measure certain crypto assets at fair value and reflect changes in that value in net income each reporting period. Changes in the fair value of crypto assets can cause our income statement results to fluctuate significantly. Forward-looking statements are made only as of the date hereof and do not necessarily reflect our prospects as of any other date. We undertake no obligation to, and specifically disclaim, any obligation to update such statements to reflect new information, future events or developments, or to publicly announce the results of any revisions to such statements.
